White River Capital, Inc. Announces Share Repurchase Program

Business Wire, Oct 27, 2008

PARTICIPANTS IN THIS TRANSACTION

White River and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the proposed merger transaction with First Chicago under the rules of the SEC. Information about these participants may be found in the Definitive Proxy Statement of White River relating to its 2008 Annual Meeting of Shareholders filed with the SEC on April 4, 2008. This definitive proxy statement can be obtained free of charge from the sources indicated above. Additional information regarding the interests of these participants also will be included in the joint proxy statement/prospectus regarding the proposed merger transaction when it becomes available.

This press release shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking information about White River that is intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. Such information includes forward-looking statements above regarding White River's repurchase of its common stock, its confidence in its financial position and liquidity, the future financial performance of White River, its prospects for future earnings, and the prospective timing of the proposed merger of First Chicago into White River. All statements other than statements of historical fact are forward-looking statements. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of White River. White River cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, implied or projected by, such forward-looking statements. Risks and uncertainties include, but are not limited to:

* the unpredictability and volatility of the market price and trading volume of our common stock;

* losses and prepayments on our receivable portfolios;

* general economic, market, or business conditions;

* changes in interest rates, the cost of funds, and demand for our financial services;

* changes in our competitive position;

* our ability to manage growth and integrate acquired businesses;

* the opportunities that may be presented to and pursued by us;

* competitive actions by other companies;

* changes in laws or regulations;

* changes in the policies of federal or state regulators and agencies; and

* potential failure to obtain shareholder or regulatory approval for the merger or to satisfy other conditions to the merger on the proposed terms and within the proposed timeframe.